This weekend,
some 200 nations of the world – including surprisingly the U.S.A. --have signed
an agreement at a Global Warming conference in Poland to use one and the same ‘universal’
standard and rules for carbon reduction.
This is a
follow up to the original agreements of the 2015 Paris Climate Accord.
Already, environmental
activists are upset that the timeline for reduction are too long on the one
hand, and will probably not even be met -- based on past government
performance.
It is
therefore worth noting that oil and mining related companies are not waiting
for government (in)action but are proceeding on their own to innovate solutions
that are practical and which generate a profit.
Maclean’s
magazine (November 2018, pages 23-24 ) highlighted the American oil company, Occidental
Petroleum Corporation which is reviving old oil wells by using a new process
that injects Co2 – carbon dioxide -- underground to force out oil
deposits while simultaneously ‘storing’ the injected carbon deep in the ground.
According to
the article, Occidental is storing at its Permian Basin site as much
carbon as is emitted by the entire state of Maine or Hawaii in a full
year!
As well, the
article notes that on September 24, Occidental, ExxonMobil and Chevron joined with
other world leading oil companies to create a $1 billion (U.S.) research fund
for new energy reducing emissions – including methane; a gas 30
times more heat trapping than carbon[i].
And Time magazine recently (November 23 – December
3, 2018 issue, page 57) listed among the 50 best inventions of 2018 a 3M roof shingle that breaks up smog particles so they can wash away in
rainfall.
So while
governments talk and make promises that are never fully kept, and environmentalists
and climate scientists fixate on carbon and hope to ‘eliminate’ the use of all
fossil fuels: by the imposition of tax penalties and forced use of super-expensive
and non-continuous/unreliable solar and wind technology -- and even NUCLEAR (suicidal) power, oil
and mining businesses are innovating to solve Global Warming and atmospheric concerns
in ways that are straightforward, profitable
and allow the underground resources
and ‘gifts’ of Gaia, our planet, to
be harvested for the betterment of humanity.
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